2018 has been an emotional rollercoaster for investors in both local and international markets.
The global investment landscape is in the midst of considerable change driven by rising US interest rates and the potential US-China trade war. Added to this, South Africa faces its own economic growth challenges and a potential Moody’s sovereign credit rating downgrade.
Not surprisingly, many South African investors are uncertain about where to invest. Marriott believes that following the investment principles outlined below will stand you in good stead during these turbulent times and for the years ahead.
Invest for income and let the capital take care of itself. Marriott only invests in securities that provide reliable and growing income streams regardless of global slowdowns, exchange rate volatility and varying interest rates.
This is because the value of a business is based on the income or earnings it can generate. Only through increasing its income can the value of a business increase, a maxim well known by those running their own businesses. Over the long term, this principle holds true for investments.